Page 9 - Jet Airways Crisis

Jet Airways staff call on Nirmala Sitharaman and Hardeep Puri

Jet shut operations in April 17 leaving over 14,000 employees in lurch

Aviation minister meets Shiv Sena MPs, Jet employees on airline's revival

The delegation also met Union Finance and Corporate Affairs Minister Nirmala Sitharaman on the matter

No sweat over Jet: India's aviation sector looks good even without it

If Jet Airways is taken out of the equation, passengers carried by India's airlines rose in April 2019

ED waiting for lenders' complaint to act against Jet, founder Naresh Goyal

The Naresh Goyal-controlled airline owes over Rs 8,500 crore to the State Bank of India (SBI)-led consortium

Jet Airways employees appeal to Uddhav Thackeray for airline's revival

The delegation was accompanied by Suryakant Mahadik, president of the Bharatiya Kamgar Sena, the labour union of the Shiv Sena

Jet Airways founder Naresh Goyal, wife stopped from flying abroad

Later, they were allowed to go home and their passports handed over to them after the completion of formalities

Jet Airways' future up in the air as Hindujas, Etihad fail to strike a deal

Both lenders and Etihad are not comfortable with the entities holding stake in Jet as they have no proven credentials in running a big business

Banks may hold 20% in Jet Airways to make Etihad-Hinduja deal fly

Banks will hold the stake for up to two years

Grounded Jet Airways stock rallies 14% on Hinduja Group stake buy buzz

SpiceJet, which has taken 15 of Jet's 737 on lease, shed 2.24% to close the day at Rs 126.55 on the BSE

Hinduja Group evaluating opportunity to invest in debt-ridden Jet airways

Lenders to the full service carrier, which temporarily shuttered operations on April 17 as it ran out of cash, are looking for possible suitors

Jet Airways revival: Etihad, Hindujas set for Abu Dhabi meet on May 23

A source in the know said this was possibly the last attempt by the SBI to rescue Jet, which was grounded in April due to dearth of funds

Etihad nominee director on Jet Airways' board Robin Kamark quits

After Kamark's exit, only Ashok Chawla and Sharad Sharma remain on Jet Airways board

I-T dept to conduct a special audit of grounded Jet Airways books

Sources said there had been a lot of internal communication within the tax department in the last few weeks

Jet lenders make last push to find investors to pick up stake in airline

Hunt on for three investors to pick up 20% stake each in the ailing airline

Darwin Group offers Rs 14,000 cr for Jet, meets SBI Caps to discuss bid

SBI Caps had early last month invited expressions of interest between April 8 and 12, on behalf of the lenders to sell their stake in Jet Airways

Jet's revival looks bleak as top executives resign with immediate effect

CEO, CFO among those who step down from ailing airline

Jet Airways revival: Banks may dial govt-backed wealth fund NIIF this week

This is being seen as a significant step to rescue the grounded Jet Airways

Jet Airways revival: Etihad offer hinges on Rs 9,000-cr debt write-down

Jet lenders find there's no binding bid

Grounding of Jet Airways: Misgovernance of family business

Expropriation of shareholders' wealth cannot be detected by applying audit procedures

Jet Airways crisis: Employees seek Maharashtra CM Fadnavis's intervention

Fadnavis has assured full support to workout a solution with PM Modi and civil aviation ministry after the last round of polling is completed president of the All India Jet Airways Officers said